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352-358 City Road comprises four interconnected Grade II Listed Georgian townhouses, extending to approximately 954.2 sq m (10,270 sq ft) GIA, arranged over lower ground, ground and three upper floors. The Property benefits from good levels of natural light throughout. The four properties are internally linked at all floor levels, with the exception of No. 352, which is unconnected to 354 at first and second floors. This interconnectivity offers significant occupational flexibility.
City Finge Freehold Development / Occupier Opportunity
The site is located on Frognal and is approximately 2 minutes’ walk from Frognal and Finchley Road station (Overground) and 5 minutes’ walk from Finchley Road station (Underground – Jubilee and Metropolitan lines) which provides regular services into central London.
A unique opportunity to purchase an existing boutique hotel comprising 31 rooms with planning permission for conversion to 13 apartments. This can either be purchased as a hotel investment or development opportunity.
In 2017 the hotel generated a gross income of £746,068
Planning permission was granted for a change of use and extension to provide 13 residential apartments. The 13 flats will be arranged over lower ground to third floor and will comprise 4 x 1 bedroom, 7 x 2 bedroom and 2 x 3 bedroom apartments. Planning ref: 2014/5454/P. Proposed residential area: 9,781 sqft NSA. Total GIA: 10,800 sqft.
INVESTMENT OR DEVELOPMENT OPPORTUNITY FOR AN EXISTING HOTEL WITH PLANNING FOR 13 APARTMENTS